The authority also hired a total of six new managers within its global equity and fixed-income portfolios as part of an asset allocation policy approved in February.
The university recently added a new domestic equity manager within its endowment with funding coming from cash and future distributions from managers in the asset class.
The trust company hired a senior portfolio manager to develop investment strategies and research, analyze and evaluate securities and other investment information with a focus on venture capital and buyouts.
The fund is searching for an investment consultant for its two portfolios totaling more than $4 billion in assets as the contract of its incumbent consultant, which has provided the services for more than two decades, is set to expire at the end of the year.